The basic foods that have increased the most in price in the last year are olive oil (73.5%), rice (16.6%), potatoes (15.9%), pork (13. 8%), sugar (12.3%) and whole milk (11.6%).
OA | EITB Media
He olive oil prices continue to rise and have become more expensive by 73.5% in the last year, 6% in the last month and 150.7% since March 2021, according to data published this Tuesday by the National Institute of Statistics ( INE).
Also called ‘liquid gold’ began its current upward path in April 2021, when a year-on-year rise of 2% was recorded, which expanded to 5% in May. From there and for 28 consecutive months, it has become more expensive at double-digit rates, until September.
In interannual rate, these are the foods that have increased the most in price in October:
– Olive oil (73.5%)
– Rice (16.6%)
– Potato (15.9%)
– Pork (13.8%)
– Sugar (12.3%)
– Whole milk (11.6%)
Compared to these foods, which led the year-on-year price increases, these are the foods that have risen the least in price in the eighth month of the year in relation to October 2022:
– Edible oils (-29.5%)
– Flour and other cereals (+0.5%)
– Pastas (+0.8%)
On the other hand, the food that has increased the most in price in the last month is fresh fruit (9.5%), even ahead of olive oil (6%).
The price of food It continues to rise well above the CPI both in the Basque Autonomous Community and in Navarra. In October the interannual CPI was 3.5% in the BAC and 3.2% in Navarra, while food prices became 9% and 9.6%, respectively.
Source: Eitb
I’m Tifany Hawkins, a professional journalist with years of experience in news reporting. I currently work for a prominent news website and write articles for 24NewsReporters as an author. My primary focus is on economy-related stories, though I am also experienced in several other areas of journalism.